175
175
May 16, 2012
05/12
by
CSPAN3
tv
eye 175
favorite 0
quote 0
the turmoil in greece causing continued fallout across the markets. dow jones finishing down 33 points lower. in politics 14 days of testimony no witness says they knew john edwards was violating laws. they decided not to call his former mistress. john edwards is accused of trying to use money to hide her from his 2008 presidential bid. the president had convened a meeting at the white house to discuss the president's to do list, something he has been talking about for the last week. an aid to the speaker of the house saying the bulk of the meeting was spent on other issues. we learned yesterday from the treasury secretary that the debt limit vote could come early next year. that did not stop the debate today and dueling statements from the speaker of the house and the democratic leader, nancy pelosi. first this morning before going to the white house the speaker of the house meeting with reporters and his agenda was dealing with this debt ceiling vote that will come up early next year. here is the speaker taking reporters' questions. >> why are you -
the turmoil in greece causing continued fallout across the markets. dow jones finishing down 33 points lower. in politics 14 days of testimony no witness says they knew john edwards was violating laws. they decided not to call his former mistress. john edwards is accused of trying to use money to hide her from his 2008 presidential bid. the president had convened a meeting at the white house to discuss the president's to do list, something he has been talking about for the last week. an aid to...
61
61
Dec 6, 2012
12/12
by
MSNBC
tv
eye 61
favorite 0
quote 0
check out greece. that's what happens when a country avoids making tough fiscal decisions for too long. >>> a top republican pollster about what went wrong on their side. a lot of information coming here and why if republicans don't change the way they do business they may be on the losing end of elections for years to come. plus, the black helicopter crowd is at it again. republicans in the senate reject a united nations treaty to ban discrimination against the disabled. they say it would allow u.n. officials to come into this country and force home-schooled children into government-run, that is public schools. senator john kerry joins us to cut through the nonsense. >>> also tonight, the simpson's mr. burns gives us a rich man's look at the fiscal cliff. >> think of the economy as a car and the rich man is the driver. if you don't give the driver, he'll drive you over a cliff. >> that's an aside show and this is "hardball," the place for politics. >>> never too early for pollsters to start head to 20
check out greece. that's what happens when a country avoids making tough fiscal decisions for too long. >>> a top republican pollster about what went wrong on their side. a lot of information coming here and why if republicans don't change the way they do business they may be on the losing end of elections for years to come. plus, the black helicopter crowd is at it again. republicans in the senate reject a united nations treaty to ban discrimination against the disabled. they say it...
154
154
May 17, 2012
05/12
by
CNBC
tv
eye 154
favorite 0
quote 0
between 2000 and the president, union labor calls in greece are up 40%, up zero in germany. you reach dues union labor cost by devaluing more than 40%. it's a brutal and stupid way to do it which casss massive inreceives. the ent bainterbank problem coua problem. >> the fed will have to increase the swaps arrangement, they're going to have to loan more dollars to the european central bank. >> if the european banking system massively deleverages, divests assets, the european banking system may be on a string and the federal reserve may have to come in. there's another deflationary aspect, which is purely regulatory rate of terror, reaction to the government, which is that u.s. corporations are putting $2 trillion into the bank as opposed to investing. we've never had a recovery where capital investment actually fell in deflated terms as it did in the -- >> as well as tax hike threats. that's equally stupid. we got a lot of stupid things going on here. >> we need fiscal stimulus to get people taking risks. >> i'm doing my best. david goldman, thank you, ken heebner. i'm raisin
between 2000 and the president, union labor calls in greece are up 40%, up zero in germany. you reach dues union labor cost by devaluing more than 40%. it's a brutal and stupid way to do it which casss massive inreceives. the ent bainterbank problem coua problem. >> the fed will have to increase the swaps arrangement, they're going to have to loan more dollars to the european central bank. >> if the european banking system massively deleverages, divests assets, the european banking...
194
194
Nov 8, 2012
11/12
by
KQED
tv
eye 194
favorite 0
quote 0
elections, europe also brought fresh worries for investors with concerns in greece, and germany. here's how the numbers stacked up on wall street. the dow lost 312 points, at it's worst point of the day, the blue chip index was down 369 points. the nasdaq tumbled nearly 75 points and the s&p 500 off 33. suzanne pratt takes a look at where the market goes from here. >> reporter: let's be candid. this is not the election outcome that wall street wanted to see. after all many investors believe president obama's tax policies will hurt corporate profits. on top of that there's the likelihood of more regulation in the president's second term. those concerns were evident in selling today of energy, banking and healthcare stocks. a quick look at the price board at the new york stock exchange is a good barometer for the worrywarts out there. wall street veteran teddy weissberg says many investors are just plain upset. >> there was an expectation that we would have some change and a change in the policies. and, i think with obama getting re-elected there are a lot of folks that are not hap
elections, europe also brought fresh worries for investors with concerns in greece, and germany. here's how the numbers stacked up on wall street. the dow lost 312 points, at it's worst point of the day, the blue chip index was down 369 points. the nasdaq tumbled nearly 75 points and the s&p 500 off 33. suzanne pratt takes a look at where the market goes from here. >> reporter: let's be candid. this is not the election outcome that wall street wanted to see. after all many investors...
103
103
Feb 8, 2012
02/12
by
MSNBC
tv
eye 103
favorite 0
quote 0
germany has raised productive and greece has not. the head of the ecb came to new york and pointed out, if you look at the disparity in the euro zone, between unemployment rates and inflation, it's less than in the united states today, the u.s. has a central bank, rather central banking system that is able to operate and enforce policies. you have a federal government that can transfer money around the system in a sense of common identity and that is what europe is lacking. >> thank you, what a great newspaper. the pressure is mounting on the white house over the decision to mandate religionlyly mandate religionlyl fill 80 -- >> as i said, it was said, we will continue to work closely with religious groups to discuss their concerns. and i would note that 28 states, have similar contraception coverage requirements and eight states do not have exemption that this bill requires. >> senator, i read your statement today, your article, what will happen here? how does this come down? >> well, i think the administration should reverse the de
germany has raised productive and greece has not. the head of the ecb came to new york and pointed out, if you look at the disparity in the euro zone, between unemployment rates and inflation, it's less than in the united states today, the u.s. has a central bank, rather central banking system that is able to operate and enforce policies. you have a federal government that can transfer money around the system in a sense of common identity and that is what europe is lacking. >> thank you,...
244
244
May 20, 2012
05/12
by
KRCB
tv
eye 244
favorite 0
quote 0
but people look at the question of greece. they are heading in that direction because of the spending. it is out because of those issues that we are heading in the direction of -- not because of those issues that we are heading in the direction of greece. the inability of leadership to address problems that are well known and right in front of them -- the gridlock you see any greece is also the political gridlock we have in the united states, and to try to put this on the face of obama is ludicrous. we know what has happened, and the republicans are never going to agree to anything that will allow a compromise. >> democrats had control of the house, senate, the presidency for two years, did nothing on entitlements -- >> how can you -- >> nothing on tax reform to that is killing us economically and destroying our treasury. unless you get leadership on that, you get nowhere. >> the structure of the republican party cannot get anything done. >> the republicans run on the paul ryan budget, they would be committing an act of politi
but people look at the question of greece. they are heading in that direction because of the spending. it is out because of those issues that we are heading in the direction of -- not because of those issues that we are heading in the direction of greece. the inability of leadership to address problems that are well known and right in front of them -- the gridlock you see any greece is also the political gridlock we have in the united states, and to try to put this on the face of obama is...
225
225
May 16, 2012
05/12
by
KQED
tv
eye 225
favorite 0
quote 0
with even greece's president admitting what he called "great fear" could turn to panic. >> holman: greece now faces new elections, on june 17. the turmoil in greece roiled markets for another day. the euro hit a four-month low, the price of oil dropped again, and even gold hit its lowest level since december. on wall street, the dow jones industrial average lost 33 points to close at 12,598. the nasdaq fell more than 19 points to close at 2,874. former liberian president charles taylor offered no apologies today for fomenting civil war in neighboring sierra leone in the late 1990s. he told a u.n. tribunal he sympathizes with the thousands of victims, but he admitted no wrongdoing. he claimed his support of sierra leone rebels was aimed at stabilizing the west african region. the court convicted taylor of war crimes last month. he is to be sentenced on may 30. medical records have emerged as new evidence in the killing of an unarmed teen-ager in florida. george zimmerman is charged with second-degree murder, in the death of 17-year-old trayvon martin in february. the case has generated nat
with even greece's president admitting what he called "great fear" could turn to panic. >> holman: greece now faces new elections, on june 17. the turmoil in greece roiled markets for another day. the euro hit a four-month low, the price of oil dropped again, and even gold hit its lowest level since december. on wall street, the dow jones industrial average lost 33 points to close at 12,598. the nasdaq fell more than 19 points to close at 2,874. former liberian president charles...
232
232
May 19, 2012
05/12
by
FOXNEWS
tv
eye 232
favorite 0
quote 0
it wasn't greece's austerity that brought us to this point. every has to have six to nine months living he is expenses we talk about that to give you that sleep safe at night cushion, that's a great place to start and as always diversification, if you have all of your money in apple or facebook it's hard to sleep at night. if you're spread out across not only stocks, but stocks, bonds, foreign exchange, commodities, have the diversified portfolio, it can help you sleep better no matter what chaos is going on in greece. >> jamie: historically diversification is always the way to go, you don't put all of your eggs in one basket. talk about the facebook situation, everybody got pulled into that, bought one share or 10,000 shares and look what happened. not so much, right? >> know the a huge first day pop, at least the stock didn't end with a first day pop. although i think it's a terrific benefit, and that facebook was able to come public. it shows that investors of the free market system continues to work, 900 million users, most of them don't p
it wasn't greece's austerity that brought us to this point. every has to have six to nine months living he is expenses we talk about that to give you that sleep safe at night cushion, that's a great place to start and as always diversification, if you have all of your money in apple or facebook it's hard to sleep at night. if you're spread out across not only stocks, but stocks, bonds, foreign exchange, commodities, have the diversified portfolio, it can help you sleep better no matter what...
100
100
Nov 30, 2012
11/12
by
CNBC
tv
eye 100
favorite 0
quote 0
spl well, greece has gone through its own cliffhanger. i think we've stopped right at the last hurdle and the decision to disperse this next tranche is a major vote of confidence for the greek economy. however, this -- >> it's contingent though. >> absolutely. absolutely. and this is what we're waiting actually to see what voluntary nature will this reduction of the public debt have in the sense that the national insurance and government organizations cannot possibly endure further haircut because they've already had their deposits -- it remains to be seen. greek banks have volunteered already but i don't think that is sufficient in order to make this greek public debt sustainable down to 120% by 2020. so we're going to be living through another cliffhanger in the next three to four months. however, i think that if the greek government proceeds with the necessary deep reforms and for example, dispensing with red tape and introducing the red carpet treatment for both local and foreign investors, via competitive tax system which is going to
spl well, greece has gone through its own cliffhanger. i think we've stopped right at the last hurdle and the decision to disperse this next tranche is a major vote of confidence for the greek economy. however, this -- >> it's contingent though. >> absolutely. absolutely. and this is what we're waiting actually to see what voluntary nature will this reduction of the public debt have in the sense that the national insurance and government organizations cannot possibly endure further...
149
149
Feb 15, 2012
02/12
by
CSPAN3
tv
eye 149
favorite 0
quote 1
we're not greece yet. >> we're not going to be greece. this budget achieves a sustainable level of debt as a
we're not greece yet. >> we're not going to be greece. this budget achieves a sustainable level of debt as a
112
112
May 16, 2012
05/12
by
MSNBC
tv
eye 112
favorite 0
quote 0
700 million euro out of the banks, greece teeters as talks fail. again, we asked the question yesterday, we'll ask it again, greece's chances of staying in the eurozone, geoff, different today than yesterday ? >> irdon't think the odds have change any great deal. this hollowing out, though, as capital continues to exit the banking system is a bad niz story obviously for the greek economy. but we've just spoken to angela merkel the german chancellor. she reaffirmed her commitment to keeping greece in the single currency bloc. the markets don't believe it, and that's the problem. are the politicians going to come up with something that changes the nair tiff on this story? because right now everybody is betting that greece will leave. willie? >> and really interesting story on facebook. of course, the ipo is friday. everybody's been talking about this for months. cnbc reporting this morning facebook will increase the ipo size, could be valued as much as $18.5 billion. but gm pulling its ads from the social network saying they don't work. this is a new
700 million euro out of the banks, greece teeters as talks fail. again, we asked the question yesterday, we'll ask it again, greece's chances of staying in the eurozone, geoff, different today than yesterday ? >> irdon't think the odds have change any great deal. this hollowing out, though, as capital continues to exit the banking system is a bad niz story obviously for the greek economy. but we've just spoken to angela merkel the german chancellor. she reaffirmed her commitment to...
229
229
Dec 25, 2012
12/12
by
FBC
tv
eye 229
favorite 0
quote 0
germany can affo to bailout greece. nobody can afford to bailout the united states, and i would agree actually th bill archer that i think he understated. if you take the total debt situation, you're talking about just shy of three-quarters of a million dollars for the -- per american faily. so you get a cup of coffee from a waitress in the diner, think of loading three-quarters of a million dollars of debt on to her shoulders for what? for what? does nothing to show for. lou: her children and their children that will be paying a large measure of that. great to have you with us. making spirits bright. and after america with one of the ugliest pictures of an american cadaver toe tag to. >> doom and the oven is the into debt. lou: at least some balance here. you know how much are presidenta taxes on our middle-class. >> the bill is passed. lou: the house passes the stem emigration bill. some democrats call it racist and pandering. how is that? and republicans also introduced the achieve act. other republicans taking the l
germany can affo to bailout greece. nobody can afford to bailout the united states, and i would agree actually th bill archer that i think he understated. if you take the total debt situation, you're talking about just shy of three-quarters of a million dollars for the -- per american faily. so you get a cup of coffee from a waitress in the diner, think of loading three-quarters of a million dollars of debt on to her shoulders for what? for what? does nothing to show for. lou: her children and...
185
185
May 13, 2012
05/12
by
WJLA
tv
eye 185
favorite 0
quote 0
. >> hear you see it the only good news that came out of greece this week. the actress is ghlighting the relate torch for t the olympics. colby, the rest of the news from greece and europe is lousy. >> lousy, and cocomparable to what we went through in the 1980's with the debt crisis. they have the same problem and they got to at the same way. they have the clout to make deloping countries do the austerity they have e to. there is nobody to forcrce greece or ireland to be able to drink that medicine. >> france's predent is a man who led the socialist party for years. is he for r or against us? >> he is a master of mern western democracies were they don't st your proems and postpone the day of judgment. when iss the euro going to collapse? it is like watching a car wreck play out in slw-motion. >> what will it do to us, nina? >> if it collapses, and could hurt us severely and result in obama not being reelected. but you do have to moderate austerity witith some idea of how people live. >> elilies in europe and the united states, present company excluded or 10
. >> hear you see it the only good news that came out of greece this week. the actress is ghlighting the relate torch for t the olympics. colby, the rest of the news from greece and europe is lousy. >> lousy, and cocomparable to what we went through in the 1980's with the debt crisis. they have the same problem and they got to at the same way. they have the clout to make deloping countries do the austerity they have e to. there is nobody to forcrce greece or ireland to be able to...
85
85
May 17, 2012
05/12
by
CNNW
tv
eye 85
favorite 0
quote 0
all of us remember we should be rooting for greece, everybody, because as greece goes, could go everyone. thanks, richard. >> reporter: that, that is the point. because anybody sitting comfortably in the u.s. and thinks that this is a long, long, long way away ought to bear in mind that the atlantic ocean is really no wider than a bathtub. >> thanks, richard. >>> okay. so the world can help greece prevent a bailout or help them get out of this by, say, going on vacation to the parthenon or santa rini. wouldn't you want to go on vacation there? the top listed hotel on that island is offering its suite with a plunge pool along with a 50-minute massage, breakfast and a bottle of wine for 50% off. when i went to travel and leisure first hotel and i went and clicked on it. 50% off. or you can buy greek ol i've oil. i buy by helping out countries and look at this. two kinds of greek olive oil available right now. by the way, they're not cheap. >>> still outfront, victims of a man accused of genocide and crimes against humanity faced the court today. >>> and to hell with it. let's go off the gr
all of us remember we should be rooting for greece, everybody, because as greece goes, could go everyone. thanks, richard. >> reporter: that, that is the point. because anybody sitting comfortably in the u.s. and thinks that this is a long, long, long way away ought to bear in mind that the atlantic ocean is really no wider than a bathtub. >> thanks, richard. >>> okay. so the world can help greece prevent a bailout or help them get out of this by, say, going on vacation to...
174
174
May 20, 2012
05/12
by
KGO
tv
eye 174
favorite 0
quote 0
you know, people aren't clamoring to invest in greece today. and if we don't begin to deal with our debt and our deficit in an honest and serious way, we're not going to have many options. listen, i'm not going to apologize for leading. the real issue here is, will the president lead? >> what makes us like greece is putting the question of whether or not we're going to pay our bills, making that a political question. that's what the economists said. >> george, remember, this is about jobs. if we are really serious about getting the american people back to work, removing the clouds of uncertainty are important. you can look at the end of the year, we're looking at the largest tax increase in america history on january 1st. we're looking at big cuts to our department of defense, that's going to affect our ability to keep americans safe. and we're looking at an increase of our debt limit. why do we want to wait and rush this through at the end of the year after the election? >> but you know that this isn't going to happen between now and the elect
you know, people aren't clamoring to invest in greece today. and if we don't begin to deal with our debt and our deficit in an honest and serious way, we're not going to have many options. listen, i'm not going to apologize for leading. the real issue here is, will the president lead? >> what makes us like greece is putting the question of whether or not we're going to pay our bills, making that a political question. that's what the economists said. >> george, remember, this is...
166
166
May 15, 2012
05/12
by
FOXNEWS
tv
eye 166
favorite 0
quote 0
greece's exit is not a done deal. euro zone colleagues are calling for more of the same. tough love. >> there is only return alternative. best route for the people. that is roo of reform and austerity. >> faces a full blown crisis. francois hollande defeated nicolas sarkozy. no what was not an auspicious start, it rained on the parade in paris. there were no injuries. he admitted that he faces an uphill bat if france with a massive dead. high unemployment and anemic growth. that sounds like much of europe these days. analysts feared a double-dip recession for the euro zone, the first quarter figures came in stable. thanks in large part to plus signs on growth in germany. spain with nearly 25% unemployment, people have plenty of time and reason to protest. >> the euro zone may be able to survive without greece, the question is at what cost? what will be effect. bret? >> bret: thank you. >> $5.12 trillion. china boosted the holding for a third straight month. it's currently the largest buyer of treasury securities. we learn today that the justice department is investigating
greece's exit is not a done deal. euro zone colleagues are calling for more of the same. tough love. >> there is only return alternative. best route for the people. that is roo of reform and austerity. >> faces a full blown crisis. francois hollande defeated nicolas sarkozy. no what was not an auspicious start, it rained on the parade in paris. there were no injuries. he admitted that he faces an uphill bat if france with a massive dead. high unemployment and anemic growth. that...
227
227
May 16, 2012
05/12
by
CNBC
tv
eye 227
favorite 0
quote 0
greece is right back at the center of market attention right now. the greek situation is a complete muddle. as you know, they're going back to the polls on june 17. and if greece winds up voting for the austerity parties again, it means that the euro zone may cut off funding for them entirely. it means greece may have to exit the euro. they have over 500 trillion dollars in outstanding debt. this could be a major disruption. >> if a democratic election occurs in greece and they want out of the euro zone, what's wrong with that? >> here's the problem, larry. the greek public is saying two contradictory things. on the one hand, 75% of the greek public saying they want to stay in the euro zone. at the same time, in the most recent elections, you had 70% of the vote going to anti-austerity parties. if greece wants to stay in the euro zone, they have to find way to start paying their bills with their own money. it's like a turkey saying i'm all in favor of thanksgiving, i just don't like the dinner party. >> this is a country that peaked in 450 bc, i'm s
greece is right back at the center of market attention right now. the greek situation is a complete muddle. as you know, they're going back to the polls on june 17. and if greece winds up voting for the austerity parties again, it means that the euro zone may cut off funding for them entirely. it means greece may have to exit the euro. they have over 500 trillion dollars in outstanding debt. this could be a major disruption. >> if a democratic election occurs in greece and they want out...
140
140
Jun 14, 2012
06/12
by
CSPAN3
tv
eye 140
favorite 0
quote 0
i think it's not impossible six years from now greece could be governed by a military government or spain could ask for help from nato in keeping order in its streets if its unemployment goes to 40% because of the gathering storm on the contine continent. our prospects aren't as dire as norm cleverly suggesting republicans might be extremist in the same way holocaust deniers are extremist. we're more stable than that. there's a prospect of the republican party breaking up unless it loaholds together for principles. if it becomes a me, too, party, again, it will be cut up. that's why i'll repeat what i said earlier and conclude on this note. if that prospect comes along, norm will, as i say, look back with fuzzy warm feelings for john boehner, mitch mcconnell, and at that point, stu, pass the airsick bag to norm and the last word. >> thanks. let me just start by saying how much i valued having steve as a colleague. i'm sad that he's going to be leaving us soon. he's -- steve is of all things moving to california. and we won't go into that, but i would also note that steve has been somewhat
i think it's not impossible six years from now greece could be governed by a military government or spain could ask for help from nato in keeping order in its streets if its unemployment goes to 40% because of the gathering storm on the contine continent. our prospects aren't as dire as norm cleverly suggesting republicans might be extremist in the same way holocaust deniers are extremist. we're more stable than that. there's a prospect of the republican party breaking up unless it loaholds...
137
137
May 13, 2012
05/12
by
CNBC
tv
eye 137
favorite 0
quote 0
now greece is saying we're not following this austerity rule. you've got france we're going do our own thing. we're raising taxes to 83%. we don't want this as well. these austerity -- so are we actually seeing enough division that you'll see the rur yo break up and does that impact the u.s.? >> that's a key question. i basically think we are. i think what europe's got is they get very different economies locked together in a monetary union. if you want to hold that together, somebody's either got to subsidize -- the rich guys got to subsidize the poor guys on a permanent basis or the poor guys have got to grind down their wages an really suffer it out for 5 or 10 years to try to do the equivalent after devaluation. i think both sides of that seem pretty iftyif tt tty to me. >> do you think we've hit a soft patch in the recovery? >> a bit. i wouldn't say soft patch like it might be a double dip but i think for sure the growth rate slowed down. i wish i hadn't been prescient on the jobs numbers because i was pessimistic and those ended up being r
now greece is saying we're not following this austerity rule. you've got france we're going do our own thing. we're raising taxes to 83%. we don't want this as well. these austerity -- so are we actually seeing enough division that you'll see the rur yo break up and does that impact the u.s.? >> that's a key question. i basically think we are. i think what europe's got is they get very different economies locked together in a monetary union. if you want to hold that together, somebody's...
115
115
Apr 19, 2012
04/12
by
FOXNEWSW
tv
eye 115
favorite 0
quote 0
he won't want to re-mind people of greece. this administration is adding debt at an alarming debt and that has the potential to send our economy into a tailspin, at some point, but it certainly has the very real risk of causing the next generation not to be able to realize the american dream because of the debt and the interest they will be paying off in their lifetimes. >> sean: do you want to deal with the dog story? hua dog named shanas. after this came out, it's like the sandra fluke controversy and the comments that were made about your wife. tell bus your dog. and what did you think the revelation that it went viral. in the president's book, he admitted eating dog when he was growing up in indonesia and grasshoppers -- and i didn't make that up. >> sean, i am going to talk about job and it is economy. >> sean: okay. >> and getting america working again. i am going to talk about the debt and the measures that people care about -- [chuckles] -- all of these extremist stories -- i don't think -- one thing i did want to ask
he won't want to re-mind people of greece. this administration is adding debt at an alarming debt and that has the potential to send our economy into a tailspin, at some point, but it certainly has the very real risk of causing the next generation not to be able to realize the american dream because of the debt and the interest they will be paying off in their lifetimes. >> sean: do you want to deal with the dog story? hua dog named shanas. after this came out, it's like the sandra fluke...
129
129
Feb 16, 2012
02/12
by
CSPAN3
tv
eye 129
favorite 0
quote 0
i don't want this country to be the next greece or italy and i'm concerned that that's is going happen in my lifetime. we need to get our fiscal house in order. thank you. >> hi. i'm a democrat from washington state. i don't think they are paying enough attention to the federal deficit. i think that we need to make any cuts necessary to get the deficit down. it needs be our number one priority. i can't imagine why they continue spending the way they do and i want will take sacrifices on the government's part and on the people's part to get our deficit down to sustainable level. so i hope that washington can do that. thanks. >> hey, i think, yes, we are paying a lot of attention to the federal deficit but the republicans in congress especially the tea party section refuses to give on what virtually all the economists out there say we have to do and that is to raise revenue. they are absolutely against raising one penny of revenue, all of their presidential candidates, all republican presidential candidates unanimously refuse when asked if they would accept $1 in debt for $10 in addition
i don't want this country to be the next greece or italy and i'm concerned that that's is going happen in my lifetime. we need to get our fiscal house in order. thank you. >> hi. i'm a democrat from washington state. i don't think they are paying enough attention to the federal deficit. i think that we need to make any cuts necessary to get the deficit down. it needs be our number one priority. i can't imagine why they continue spending the way they do and i want will take sacrifices on...
141
141
Dec 24, 2012
12/12
by
MSNBCW
tv
eye 141
favorite 0
quote 0
this country is not becoming greece. this country -- this country, frankly, has a big unemployment problem. we have a deficit problem in the short term, not the long term. it's not a real problem now. our bonds selling higher than before and lower interest rates. it's not an immediate problem. he's saying what's worse. what he is saying is use blackmail on the entire economy like a gangster. pity if it happens to blow up. not increasing the debt ceiling -- >> already did that before. they have done it before. >> they have. >> and will do it again. >> frankly, that is obnoxious beyond belief. the president should not concede or negotiate on that basis at all. >> the president is adamant on the fact that's not a part of this conversation. >> it cannot be a part of any conversation. the debt ceiling is not a question of borrowing more. you determine how much deficit you will have passing the budget two, three, four years ago. >> correct. >> to say you won't raise the debt ceiling is to say you're not going to pay the bills
this country is not becoming greece. this country -- this country, frankly, has a big unemployment problem. we have a deficit problem in the short term, not the long term. it's not a real problem now. our bonds selling higher than before and lower interest rates. it's not an immediate problem. he's saying what's worse. what he is saying is use blackmail on the entire economy like a gangster. pity if it happens to blow up. not increasing the debt ceiling -- >> already did that before. they...
188
188
Nov 27, 2012
11/12
by
CNBC
tv
eye 188
favorite 0
quote 1
can the door up for support of greece's teetering banks. thoughts now on that deal from our guest with jpmorgan funds, more than $1.3 billion in assets. good tough back. >> thanks for having me. >> we are going to talk later with you how to invest against the environment we find ourselves in now this deal greece has reached, do you have confidence that it's enough, basically shore up the banks to get them enough down the line? >> a step in the right direction. we knew the last time we'd restructuring it wasn't going tonight end of t if you're asking me are we completely now through and behind and is this whole greece saga and debacle behind us, that i'm a little bit concerned of. you have to find a way to help these economies and peripheral europe grow i think a lot of these calls for austerity needs to be pawed, abandoned. you need to talk about more debt forgiveness, possibly grants rather than loans. these are steps in the right direction but again, i think we will see over the next year. >> how easy is it going to be to get growth into
can the door up for support of greece's teetering banks. thoughts now on that deal from our guest with jpmorgan funds, more than $1.3 billion in assets. good tough back. >> thanks for having me. >> we are going to talk later with you how to invest against the environment we find ourselves in now this deal greece has reached, do you have confidence that it's enough, basically shore up the banks to get them enough down the line? >> a step in the right direction. we knew the last...
162
162
May 19, 2012
05/12
by
WETA
tv
eye 162
favorite 0
quote 0
people look at the question of greece, saying we are heading in the direction of greece because of the spending and deficit overload. it is not because of those issues. the problems we are witnessing an greece, we are witnessing in the united states, the inability of leadership to address problems that are well known and right in front of them. the gridlock you see any greece is also up with what we have in the united states, and to try to put this on the face of all, is ludicrous. -- of obama is ludicrous. we know what is happening could the republicans will never agree to anything that would allow a compromise -- >> the democrats the house, senate, and the presidency for two years -- >> how can you -- >> nothing on tax reform, and that is what is killing us economically and destroying our treasury. unless you get leadership on that, you go nowhere. >> with the structure of the republican party, you cannot get anything done. >> if the republicans run on the paul ryan budget in 2012, they are committing an act political self-immolation. >> georgetown university, kathleen sebelius and t
people look at the question of greece, saying we are heading in the direction of greece because of the spending and deficit overload. it is not because of those issues. the problems we are witnessing an greece, we are witnessing in the united states, the inability of leadership to address problems that are well known and right in front of them. the gridlock you see any greece is also up with what we have in the united states, and to try to put this on the face of all, is ludicrous. -- of obama...